Klabin Sa S/Adr

Good morning and welcome to Klabin's conference call.

At this time, all participants are in listen-only mode. Later, we will have a questions and answers session when further instructions will be given. We kindly ask that, for the benefit of time, each analyst's Each analyst asks a maximum of two questions. As a reminder, this conference is being recorded and the presentation will be in Portuguese with simultaneous translation into English. All participants will be able to choose which language they wish to hear by clicking on the interpretation button and the language of the presentation by clicking on the presentation screen located above. I'd like to make a brief announcement for those participants following us in English.

This conference is being conducted originally in Portuguese. To switch, please press the interpretation button on the platform and then select the English language. For English presentation, click on the top to view English presentation screen.